TechFlow news, July 9 — according to the latest report from on-chain data analytics platform Glassnode, Bitcoin's RHODL ratio has risen to its highest level of the current market cycle. This metric indicates that more Bitcoin wealth is being concentrated in the hands of long-term holders, while activity among short-term (1 day to 3 months) holders remains low. Historical data suggests that such a shift in the RHODL ratio typically marks a transitional phase in the market cycle and a cooling of speculative enthusiasm.
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